Best Friends Inc

Nonprofit profile at a glance

EIN
251758700
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Beaver Falls, PA, USA
Phone
7248473320
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$98,545
Expenses
$119,515
Assets
$36,960
Liabilities
$22,297

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JAN CLARKE (EXECUTIVE DIRECTOR)
  • LOU ANN PARSONS (PRESIDENT)
  • JAMES E JONES (VICE PRESIDENT, UNTIL NOV 2024)

People named in this filing

  • JAN CLARKE (EXECUTIVE DIRECTOR)
  • PETER DEUTSCH (SECRETARY)
  • MERNA RILEY (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of best friends, inc. Is to promote friendships between children with disabilities and their non-disabled peers and to facilitate their more active participation and inclusion in the life of the community, especially in typical youth programs and activities.

What it reported doing in 2024

The teaching tech skills to boost connectivity program trains young people with disabilities and their families safe and proper use of technology for online communication and learning. Making a world of friends is a program of socialization, education, and respite for young people with developmental delays and other disabilities by presenting intercultural activities to promote social growth, creativity, and interpersonal understanding.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.1%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -21.3%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.31; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.6; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 25.1%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $110K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.